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Developers oppose ownership duration limit on apartments

Developers oppose ownership duration limit on apartments

Property developers want the proposal on limiting apartment ownership to a certain number of years scrapped, warning it could dissuade people from buying. Tran Quoc Dung, deputy director of Hung Thinh Corp, a major developer of apartments in Ho Chi Minh City, said the city needs a lot more apartments, …

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Vietnam to post highest GDP growth in Southeast Asia this year

Vietnam to post highest GDP growth in Southeast Asia this year

After reaching its highest nine-month growth in the past 12 years, Vietnam is poised to become Southeast Asia’s fastest growing economy this year. Le Trung Hieu, deputy general director of the General Statistics Office, said the agency expects Vietnam’s economy to grow by 8% in 2022 despite the not-so-positive economic …

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